Flipkart can be an e-commerce corporation Started in 2007 by Sachin Bansal and Binny Bansal. The organization is registered in Singapore, but has its headquarters in Bangalore, Karnataka, India. Flipkart has released its personal merchandise assortment under the identify "DigiFlip" with products and solutions like tablets, USBs, and laptop computer bags.
In May 2014, Flipkart gained $210 million from DST World-wide, in July 2014 it lifted $1 billion led by existing buyers Tiger World wide and South Africa's media team Naspers As well as in Could 2015 it raised $550 million from a few of its existing buyers. Flipkart's previous fundraising spherical in Could 2015 had pegged its valuation at $fifteen billion. In February 2016, Morgan Stanley, marked down its investment decision value to $eleven billion.
Flipkart (Firm) was Launched in 2007 by Sachin Bansal and Binny Bansal, the two alumni in the Indian Institute of Technology Delhi. They labored forAmazon.com, and left to produce their new corporation included in Oct 2007 as Flipkart Online Services Pvt. Ltd. The main product they offered was the book Leaving Microsoft To Change The Planet to the buyer from Hyderabad. Flipkart now employs greater than 33,000 individuals.Flipkart permits payment techniques for example cash on delivery, credit or debit card transactions, net banking, e-present voucher and card swipe on delivery.
Just after failure of its 2014 Large Billion Sale, Flipkart not too long ago accomplished the second version of Big Billion Sale held concerning Oct 13 and 17. exactly where it truly is documented which they saw a company turnover of three hundred million in gross goods quantity.